By: Aminaa Uuree Misheel Indra Pandu

AMAZON.COM… and you’re done.”

• E-commerce company based in Seattle, WA.

• Amazon was one of the first big companies to sell goods over the Internet

• Was founded by Jeff Bezos in 1994.

• First came out as an online book store.

• Produces consumer electronics.

• Was named after the Amazon River, but then renamed after the Amazons, the legendary nation of female warriors in Greek Mythology.

History

About Jeff Bezos• Was born January 12, 1964• Played a important role in e-commerce as the founder and CEO of Amazon.com• Graduated Princeton University in 1986.• His business was set up in his garage in 1994.• Named Time magazine’s “Person of the year” in 1999.•  He is a member of the Executive Committee of The Business

Council.•  In 2008, he was selected by U.S News & World Report as one of

America's best leaders.•  One of the wealthiest people in the world with an estimated net

worth of US 22.1 billion.

What is Amazon.com and how does it work?

• Amazon.com is a global website where thousands of merchants sell products through Amazon.com

• A full online retail store center. It allows anyone to buy or sell books, movies, clothes, toys, etc.

• It is divided into 2 sections. First one is for new products and another where it can be used and in good condition to be sold.

• Then you can choose your product and place it into your online cart and check out with your card, to confirm your purchase and let them deliver to you.

Sponsors of Amazon.com

• A businessman by the name of Nick Hanauer believed in Bezo’s idea and invested in $40,000 for his project.

• Another man, Tom Alberg decided to invest in $100,000 in Amazon in 1995.

Prosperity

• By 1997, Amazon.com had generated $15.7 million in revenue. The same year, they decided to add CDs and movies to the website.

• In 1998, Amazon added some new categories to the site as example: software, electronics, video games, toys, and home improvement items.

RECESSION

• In 2001, Amazon had a financial loss of $1.4 billion, and had laid off over 200 workers in the last year. In the beginning of 2001 found Amazon laying off even more workers, totaling over 1000.

RECOVERY

Bezos had an idea to recruit other companies to sell their products online through Amazon. The idea worked and so companies such as Target, Toys R Us, Old Navy, and many others have agreed to sell their items through Amazon.

Amazon’s Timeline

Amazon missed while Apple meet Wall Street's expectations. Amazon's cash was very little compared to Apple's. But Amazon's

stock has been ascending while Apple's was decreasing.

Resources

• http://jobsearchtech.about.com/od/companyprofiles/a/Amazon.htm

• http://en.wikipedia.org/wiki/Jeff_Bezos

• http://www.essortment.com/history-amazoncom-21180.html

• http://en.wikipedia.org/wiki/Amazon.com

• http://www.amazon.com/Nick-Hanauer/e/B006GUA7UG